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What is the sales forecast for ortx (ortx)?

Next quarter’s sales forecast for ORTX is $6.50M with a range of $4.70M to $9.00M. The previous quarter’s sales results were $1.25M. ORTX beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 43.27% of the time in the same period.

Should investors hold ortx shares?

The consensus among Wall Street equities research analysts is that investors should "hold" ORTX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORTX, but not buy additional shares or sell existing shares. View ORTX analyst ratings or view top-rated stocks.

When will ortx stock close?

The transaction has been unanimously approved by the board of directors of both companies and is expected to close in the first quarter of 2024, subject to shareholder approval and the fulfillment of certain regulatory and customary closing conditions. ORTX’s stock shot up 97.4% on Thursday, in response to the acquisition news.

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